| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

Follow Finfacts on Twitter

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Innovation Last Updated: Nov 5, 2014 - 8:12 AM


Intel Capital announces $62m investment in 16 startups
By Finfacts Team
Nov 5, 2014 - 8:07 AM

Email this article
 Printer friendly page

While Dublin is hosting the Web Summit, Intel Capital, Intel Inc's global investment organization, is holding its 15th Intel Capital Global Summit in Southern California at the Hyatt Regency Huntington Beach and on Tuesday investments in 16 technology companies were announced. Totaling approximately $62m, the investments cover a broad spectrum of innovative technologies.

Intel Capital expects to invest approximately $355m this year.

The invite-only event brings together more than 1,000 Intel Capital portfolio company CEOs, venture capitalists and top tech executives from Global 2000 companies.

"Intel Capital invests in the technology continuum that runs from wearables and the Internet of Things to big data analytics – and everything in between, including silicon, smart devices, PCs, the cloud and datacenters," said Arvind Sodhani, president of Intel Capital and Intel executive vice president. "We are focused on helping innovative companies develop across this technology ecosystem, and we expect to invest a total of $355m this year."

Speakers include Larry Summers, former US Treasury secretary.

Intel Capital says the founders of the newest portfolio companies run the gamut from 13-year-old Shubham Banerjee, who has invented low-cost Braille printers for the blind using Legos* and Intel Edison chips; to Sundari Mitra, a 25-year semiconductor industry veteran who is now running her second startup; to Earnest Earon, a rocket scientist whose new company uses unmanned aircraft and cloud-based software to perform data analytics for agricultural, emergency response and other uses.

More on the new investments from Intel Capital, grouped by technology sector:

New Devices/Wearable Computing

  • Avegant* (Redwood City, California), developing the next generation of wearable devices, is bringing to market the Glyph*, a mobile personal theater that uses a micromirror display with built-in premium audio. Glyph raised more than $1m in its Kickstarter* campaign earlier this year.
  • Braigo Labs Inc.* (Palo Alto, California, U.S.),  founded by 13-year-old entrepreneur and middle schooler Shubham Banerjee, provides scientific and technological services by researching and developing technology-based innovations and services. Its products include Braigo v1.0*, a Lego Braille printer that dramatically reduces the price of a printer from more than $2,000 to $350 for education, teaching and home-use purposes.
  • Eyefluence* (Reno, Nevada, U.S.) transforms intent into action through your eyes. The company's robust, low-power, eye-tracking technology, with its iUi* interaction model, integrates into any augmented reality or virtual reality head-mounted display (HMD) to provide natural, intuitive eye tracking and control.

Mobility/Wireless

  • AnDAPT* (Santa Clara, California, U.S.) brings a new genre of analog adaptive products for multifunction sensor integration and integrated system power management, enabling enterprise customers to achieve lowest power consumption, smart power management, high integration, high system reliability and lower cost.
  • Audyssey* (Los Angeles, U.S.) is a leader in research-based audio technologies that correct acoustical problems to improve the sound quality of any device or listening environment. The company's technologies are integrated into mobile apps and devices, TVs, automobiles, PCs and home theater products from industry-leading manufacturers.
  • Incoming Media* (Santa Clara, California, U.S. and Sydney, Australia) is a mobile video platform that uses predictive data analytics and intelligent content pre-loading to learn how a viewer consumes video on a mobile device and delivers a personalized mobile video experience with no interruption.
  • INRIX* (Kirkland, Washington, U.S.) leverages big data analytics and predictive technology to help automakers, corporate fleets, governments and news organizations reduce the economic and environmental toll of traffic congestion.
  • Screenovate Technologies* (Israel) offers mobile solutions that cover entertainment, productivity and education. Among other applications, its technology enables smartphone and tablet users to wirelessly beam movies, games, presentations or other content from their mobile devices to their TVs or other large displays.
  • Thundersoft* (China and Taiwan) is a mobile OS core technology and solution provider that accelerates product development by providing leading technology and services, specifically for Android* smartphone and tablet services. [Investment subject to satisfaction of closing conditions.]

Advancing Microprocessor and SoC Development

  • NetSpeed Systems* (Mountain View, California, U.S.) offers a system-on-chip (SoC) design platform and advanced on-chip network solutions that let SoC architects create designs that are significantly smaller and more power-efficient in a fraction of the usual time.
  • Reno Sub-Systems* (Canada) designs, develops and delivers subsystems used to control process systems made by OEMs, including vacuum-based chambers to deposit and etch specialty materials needed in advanced integrated circuit fabrication.

Big Data and Cloud Infrastructure

  • Gigya* (San Francisco, U.S.) makes a cloud-based customer identity management platform that helps customers turn unknown Web or mobile visitors into loyal and engaged customers.
  • PilotTV* (Taiwan) is a digital signage network operator that designs, deploys and jointly operates digital signage systems for retail venues, operating over 6,000 screens in various channels including convenience stores, fast food chains, drugstores and rapid transit stations.
  • PrecisionHawk* (Raleigh, North Carolina, U.S.) is an information delivery company that uses a small, unmanned aerial vehicle and cloud-based software to collect, process and analyze aerial data. Its solution provides actionable information to clients in civilian industries.
  • Prelert* (Framingham, Massachusetts, U.S.) packages data science into downloadable applications for everyday users. It uses machine-learning predictive analytics to learn the normal behavior patterns of populations of individual users, devices and resources.
  • Stratoscale* (Israel) develops new technology to rethink next-generation data centers. It is building the runtime software infrastructure for scalable computing to help customers use all available computing resources and unify computing and storage across the data center.

In addition, Intel Capital announced Ossia* (Redmond, Washington, U.S.) has joined the Intel Capital portfolio. Cota*, Ossia's smart antenna technology, redefines wireless power by safely delivering remote, targeted energy simultaneously to multiple devices as far away as 30 feet without line of sight and regardless of whether a device is stationary or moving.

*Intel says other names and brands may be claimed as the property of others.


© Copyright 2011 by Finfacts.com

Top of Page

Innovation
Latest Headlines
Digital Taylorism: Amazon's chief rejects depiction of "soulless, dystopian workplace"
Most surviving startups do not grow; Tiny number powers jobs engine
Despite euro dip China & US remain most competitive manufacturing nations
Business startup rates up in most OECD countries led by Australia and UK
NASA's Kepler mission has confirmed the first near-Earth-size planet
Energy subsidies at 6.5% of global GDP; Commodity prices to remain weak
US startups rely on personal savings, debt; Venture capital funds less than 1%
Europe produces 13 $1bn+ "unicorn" startups in one year; London is Europe's digital capital
Irish-based firms raised €120m in VC funding in Q1 2015; Some top recipients Irish for tax purposes
Ireland: Fourth highest 25-34 year old ratio of third-level graduates in developed world: So what?
Business dynamism/ employer firm startups in US secular decline
Innovation Union Scoreboard 2015: Sweden, Denmark, Finland and Germany are on top
Education systems failing to provide students with skills for success in 21st century
US, Switzerland, Denmark, Sweden, Finland have best higher education systems
Handbook of Service Innovation: Ireland moving up the value chain?
Switzerland revives silk industry that thrived for two centuries
Sales of Irish tech firms create 300 millionaires in 15 years and no scaleups
Apple warns of 'material' tax payments from EU's Irish tax investigation
Apple earnings surge 33% on higher price and iPhone sales jump in China
Big Pharma's internationalisation of R&D to China
The dangers of romanticising entrepreneurs despite key role
UK and Irish business R&D heavily reliant on foreign-owned firms
Silicon Valley and the development of the silicon microchip - Part 2
Ireland: Innovation with or without R&D/ scientific breakthroughs
UK government most open/ transparent in world; Ireland & Greece lowest ranking in Europe
10 questions about Switzerland's Solar Impulse aircraft – answered
Silicon Valley loses its silicon; Typical household income stagnates - Part 1
21st century skills are 18 century skills + a computer
Growing ICT sector in Europe accounts for 5% of employment
Should Ireland copy Singapore's scientific research investment plan?
Startups vs Scaleups: 4% of UK startups have 10+ employees 10 years later
Irish patent filings at European Patent Office fell in 2014
Facebook's maze of privacy settings maybe in breach of European law
Apple to invest €1.7bn in Irish and Danish data centres
Silicon Valley insider warns of dodgy $1bn valuations of private companies
Israel's Startup Nation not a jobs engine; Nor is Irish high tech
Established industries often beat new technology investment returns
Ireland: Noonan said EU to drop Apple tax case; Now expects court case
Irish R&D Tax Credit: No evidence of rising business innovation; Facts don't matter
Apple reports biggest profit of a public company in history